GTT announces that it has received an order from its partner the Korean shipyard Samsung Heavy Industries for the tank design of a new Floating Liquefied Natural Gas (FLNG), on behalf of an Asian company. With a total storage capacity of 200,000 m3, this FLNG will be the first fitted with the membrane containment system Mark III Flex developed by GTT. Its delivery is scheduled for the first quarter of 2027. Philippe Berterottière, Chairman and CEO, said: “We are proud to be involved in the construction of this FLNG. Thanks ...

Hyundai Heavy Industry Co. is operating its main shipyard to full capacity as the world’s biggest shipbuilder is working through three years of order backlogs as the industry has emerged from a long and harsh winter. All nine docks were in operations working on high-value-added ships, like liquefied natural gas carriers, at the company’s shipyard in Ulsan, about 300 kilometers southeast of Seoul, when Maeil Business Newspaper visited on Wednesday. The shipbuilder’s orderbook is now packed for the next three years, and it’s in need of some 2,000 to 3,000 ...

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a launch ceremony for a demonstration test ship for transport of liquefied carbon dioxide (LCO2), to be utilized in conjunction with initiatives by the New Energy and Industrial Technology Development Organization (NEDO) for its demonstration projects (CCUS R&D and Demonstration Related Project / Large-scale CCUS Demonstration in Tomakomai / Demonstration Project on CO2 Transportation / R&D and Demonstration Project for CO2 Marine Transportation). The ceremony, conducted in the presence of representatives of the ship’s ...

The MEYER Group and the Dutch Shiprepair company Damen Shiprepair & Conversion (DSC) have signed a joint cooperation agreement. DSC will work with the recently established company MEYER RE, a subsidiary of the MEYER Group, which has been active for nearly a year. MEYER RE offers shipping companies solutions to maximize their vessel’s sustainability, ideally throughout their lifecycle from development and build to supporting them through their operating lives and finally end-of-life recycling. “Thanks to the cooperation with the family-owned, Dutch company Damen Ship Repair & Conversion Holding BV, we ...

Spring has arrived early in Ulsan as cherry blossoms were in already full bloom along the streets of the southeast port city on Wednesday, about two weeks before the forecasted blossoming dates. In a similar trend, Hyundai Heavy Industries, the world’s top shipbuilder under South Korean conglomerate HD Hyundai, is enjoying the industry’s much-awaited revival as the company looks to widen its lead over global competitors on its large number of backlog orders. The engine department of HHI, which is headquartered in Ulsan, operates 10 docks for building ships, which ...

Chatbots, which have been introduced in businesses with customer service work including financial and public institutions, are also being used in the shipbuilding industry. Samsung Heavy Industries has developed ‘SBOT’, an Artificial Intelligence-based chatbot, and applied it to a ship design,stepping up efforts to strengthen its smart competitiveness. ‘SBOT’ is a compound word of Samsung and Chatbot, and when a user asks a question in natural language, AI analyzes the meaning and provides optimal answers by finding lessons learned, various regualtions and and contract information accumulated in in-house systems. Therefore, ...

Damen Shipyards and offshore wind services provider Purus Wind have signed a contract for the build and delivery of eight new vessels. Four Damen Fast Crew Supplier (FCS) 2710 Hybrid and three Damen FCS 3210 Hybrid Crew Transfer Vessels (CTVs) and one, 90-metre Construction Service Operation Vessel (CSOV). The FCS 3210s and the CSOV will not only be equipped for ultra-low emission operations, but they have also been designed to be upgraded to methanol-fuelled engines when the time comes. The order is part of Purus Wind’s strategy to be a ...

Korea’s antitrust regulator has emerged as an unexpected obstacle to Hanwha Group’s acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), as it is still uncertain when the regulator will approve the takeover, according to industry officials, Friday. When Hanwha signed a deal late last year to acquire DSME from the state-run Korea Development Bank (KDB), the Fair Trade Commission (FTC) was expected to approve the takeover earlier than other countries’ antitrust regulators. “Given that Hanwha Group and DMSE have engaged in different industries, the approval procedures for their merger will ...

GTT has been chosen by two major European LNG ship-owners to equip a total of three vessels with its predictive maintenance solution, the Sloshing Virtual Sensor. This unique digital technology is dedicated to the assessment of sloshing activity in order to extend the cargo tank entry period. It uses the tank digital twin[1], designed by GTT, and the vessel’s real-time operational data to monitor the evolution of critical tank integrity parameters. Combined with an appropriate risk analysis, the ship-owners and the charterers are able to optimise the tank maintenance while ...

At the Damen Dredging yard in Nijkerk, the Netherlands, the Cutter Suction Dredger (CSD) 650 Krakatoa has been inspected by her owner before shipment. The client has accepted the stationary dredger, which will now be shipped to Indonesia, where it will operate on the island of Kalimantan. Damen’s customer ordered the CSD last November. The speed of the delivery is the result of Damen building its vessels on speculation and keeping them in stock, ready for order along with options available for smart customisation. The client, PT. Pelayaran Fortuna Nusantara ...

With an aim to make India a global hub for building green ships, the ministry of ports, shipping and waterways (MoPSW) on Wednesday launch ‘Green Tug Transition Programme’ (GTTP) that will convert all tugboats working in the country into ‘Green Hybrid Tugs’, running on non-fossil fuel like Methanol, Ammonia, Hydrogen. The plan is to expand the exercise of conversion of tugboats into green tugs into full-fledged manufacturing of these all important boats in the country that are essential elements of any port, helping in the mooring or berthing operation of ...

Damen Shipyards Group has announced receipt of a Bureau Veritas (BV) Type Approval Certification for Cyber Resilience of its Triton IoT platform. The solution enables the gathering of all available operational asset data from a vessel and its engines, pumps, hydraulics, alarms and other equipment, amounting to over 10,000 signals for a single vessel. This is then communicated to crew on board and fleet managers on shore. With this data, which is presented on various on board and remote dashboards, crew can track asset health, maintenance scheduling and more. Triton’s ...

Korea Shipbuilding & Offshore Engineering, the holding company of Hyundai shipbuilding group, has sealed an order worth 270.1 billion won ($207 million) to supply gas tanker ships to a Middle Eastern transportation company. Two large carriers will be delivered by August 2026 to Arab Maritime Petroleum Transport Co. Korea Shipbuilding’s spokesperson told Aju Daily on March 20 that the company has grabbed a total of 49 orders worth $6.51 billion in 2023, which includes the agreement with Arab Maritime Petroleum Transport (AMPTC). AMPTC was established in 1972 by members of ...

SHI, a leading provider of the low carbon emission ship in the world and one of the best solution provider for autonomous ship design in Korea. KM(Kongsberg Maritime) is a global marine technology company providing innovative and reliable technology solutions for all marine industry sectors; automation, safety, manoeuvring, navigation, dynamic positioning and digitalization, as well as energy management, deck handling and ship design services. Focus on development of increased safety and efficiency against a traditional design and meet the transition to net zero emission on the journey towards autonomous large ...

Samsung Heavy Industries Co., one of the three biggest shipbuilders in South Korea, signed a joint development agreement with Kongsberg Maritime, a global marine solution provider in Norway, to develop autonomous vessels. Samsung Heavy aims to optimize the latest remote autonomous navigation technology and low-carbon technology to develop a 174,000-cubic-meter next-generation liquefied natural gas carrier with improved safety and energy efficiency, the South Korean shipbuilder said Monday. Kongsberg Maritime is recognized as a leading company in the development of automation, navigation systems and digital solutions for ships. “We will focus ...